Chinese Premier Advocates for Dialogue Amidst U.S. Trade Tensions

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Premier Li Qiang of China called for dialogue with the U.S. during a meeting with Senator Steve Daines and U.S. business executives, amidst escalating trade tensions due to tariffs. Li emphasized cooperation and the importance of economic globalization, while aiming to foster stability in international trade relations as a counter to growing economic fragmentation.

On March 24, during a meeting in Beijing, Premier Li Qiang of China emphasized the necessity for dialogue between China and the United States amidst declining relations. This meeting included significant U.S. business executives and Republican Senator Steve Daines, known for his support of President Donald Trump. With trade tensions escalating due to tariffs, Li’s remarks heralded a possible effort to mend diplomatic ties and arrange a high-level summit between Trump and President Xi Jinping.

Premier Li articulated, “Our two sides need to choose dialogue over confrontation, win-win cooperation over zero-sum competition”. He expressed hope for collaboration that would ensure stable and sustainable relations between the two nations. Prominent CEOs from major American corporations, including FedEx, Pfizer, and Qualcomm, were in attendance, indicating strong business interest in fostering positive dialogue.

Li also addressed the China Development Forum, affirming Beijing’s commitment to economic globalization despite challenges. He aimed to position China as a supporter of multilateralism amid trade disruptions resultant from U.S. policies. Li conveyed, “China will firmly stand on the correct side of history, that of fairness and justice,” aiming to navigate the economic landscape amid heightened instability due to tariff conflicts.

Li highlighted the ongoing efforts to stabilize the Chinese economy post-pandemic, with a focus on increasing domestic consumption. He noted the rising trend of economic fragmentation and urged adherence to true multilateralism as a pathway towards stability. His statements reflect a broader strategy to project China as a stabilizing force in international trade and economic relations amidst turbulent times.

In summary, Premier Li Qiang’s call for dialogue during Senator Daines’s visit signifies an effort by China to restore relations with the United States amidst growing trade tensions. By advocating for cooperation and emphasizing stability, Li positioned China as a defender of global economic systems. This meeting and the accompanying remarks highlight the complexity of international economic relations, particularly in the context of U.S.-China relations.

Original Source: risingnepaldaily.com

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